Course Syllabus: TA 330/LLM 330: Property Transactions

1 Course Syllabus: TA 330/LLM 330: Property Transactions Jeffrey H. Karlin, JD, LLM (Tax), CPA (inactive) Professor, Braden School of Taxation

Course Syllabus: TA 330.SF1/WC1 LLM 330.SF1: Property Transactions

(Fall 2020: September 6 – December 19, 2020: Tuesdays, 6:00 – 8:40 pm)

Jeffrey H. Karlin, JD, LLM, CPA (inactive)

Professor, Braden School of Taxation

Golden Gate University

Contact Information

Email: [email protected]

Online Office Hours: At pre-scheduled mutually convenient times via Zoom.

First Day of Class: Tuesday, September 8, 2020

Last Day of Class: Tuesday, December 15, 2020

Course Description

This Course analyzes the federal income taxation of property transactions, including definition and mechanics of

property transactions, definition of capital assets, taxable and nontaxable property transactions, including property

acquisitions, sales, gifts, inheritance, like kind exchanges, involuntary conversions, and examination of the at risk and

passive activity loss limitations rules.

Specifically, the course analyzes taxation of property transactions with a view to incorporating what a student has

learned or is learning in Advanced Federal Income Taxation (TA 318) and Tax Research and Decision Making (TA 329)

while advancing students to the “next level” of understanding. As a core Braden School of Tax course, the course

continues the program focus on development of necessary analytical skills required of a Masters student, including

extensive case and statutory analysis.

Braden School of Tax Students must take the following two co-requisite courses to qualify to take this course: TA

318 and TA 329.

mailto:[email protected]


What Students are Saying

Mr. Karlin is an expert in the subject matter. His case studies are electric.

He provides real life examples; and class examples are similar to what can be seen in the work world.

Professor Karlin is a tough but solid professor

Take it with Professor Karlin - the information he provides you makes the class easier to understand.

Professor Karlin's personal experience and expertise are invaluable! His enthusiasm and demeanor make

attending class a pleasure!

Learning Outcomes

Course Learning Outcomes

After successfully completing this course, students can expect be able to do the following:

Know how to determine gains and losses from a broad list of variety of property transactions, including

gains, losses and tax reporting of sales, exchanges, abandonment, foreclosure, worthlessness, gifts,

inheritance, condemnation and other voluntary and involuntary property dispositions.

Demonstrate an understanding of tax rules specific to various types of property, including those relevant to

real estate, stock, options and intangibles such as patents.

Recognize when certain transactions result in a disposition or sale or exchange of property.

Recognize the important distinctions drawn concerning personal use, business use and investment use of

property and associated rules governing amortization and depreciation.

Explain important areas of transactional practice, including rules governing like-kind exchanges, and

installment sales.

Appreciate key distinctions in tax incentives, tax rates and deduction limits that may differ when applied to

different taxpayers and different transactions.

Determine whether gains and losses from property transactions give rise to ordinary or capital gain or loss

characterization.

Determine whether there are limits imposed on losses, including the application of wash sales, passive

activity, at-risk loss limits, and capital loss deduction restrictions.

Determine the characterization of property as capital assets, trade or business assets, inventory and other

property.

Determine how to approach a sale of all the assets of a business, including determining the allocation of

purchase price among assets of different categories.

Know how to read complex cases and statutes.

The outcomes for this course support the overall outcomes for the Master of Science in Taxation (MST).


Master of Science in Taxation Program Learning Outcomes

Graduates of the Master of Science in Taxation program will:

Demonstrate the ability to identify tax issues, determine the applicable relevant primary authority, analyze

relevant primary authority and apply the authorities to reach well-reasoned oral or written conclusions.

Demonstrate basic knowledge and understanding of IRS practice and procedure and be able to represent a

client in a tax controversy.

Demonstrate knowledge of the ethics and standards of professional responsibilities applicable to tax

practitioners.

* Note: This course also serves the outcomes of tax certificate programs.

Course Materials

Required Course Materials: All Required Resources are available for free online.

1. Internal Revenue Code, CCH (latest edition)1

Hardcopy: Internal Revenue Code: Income, Estate, Gift, Employment & Excise Taxes (latest edition--Summer 2020)

--ISBN: 978-0-8080-5427-6, (Set--Volumes: 1 & 2)

2. Federal Income Tax Regulation, CCH (latest edition—Summer 2020)1

Hardcopy: Income Tax Regulations-- ISBN: 978-0-8080-5425-2, (Set)

3. TA 330 Taxation of Property Transactions (TA 330 Golden Gate University Materials are available free of charge, on

the course website online. These materials are in the course website in the opening portal you will see that is called

“the Course Home.”)

4. TA 330 Perspectives on Taxation of Property Transactions authored by Professor Karlin and other relevant materials

(including videos, IRS Forms, etc.) that are available free of charge, online, and located in each learning module.

Bookstore

To purchase the Code and Federal Income Tax Regulations from eFollet, GGU's official online bookstore, go to

www.ggu.bkstr.com. In addition to these hardcopy materials, students will be introduced to a selection of electronic

tax data bases widely available and used in the tax profession. Students will have access to the electronic research

data bases through Golden Gate University while enrolled in the course. Logins will be distributed within the first

week of class.

1 Important Note: The Internal Revenue Code and Treasury Regulations are available online. Students may use login Codes provided by the Braden School of Tax to access Checkpoint. LLM students may also have access to tax materials via Westlaw and/or Lexis.

http://www.ggu.bkstr.com/


Resources

Business Library

Access research assistance, databases, books, e-books, journals, e-journals, and research guides to help you navigate

the research process.

Home: http://www.ggu.edu/libraries/business-library

Research Guides: http://ggu.libguides.com/?b=g&d=a

Databases: http://ggu.libguides.com/az.php

Research Assistance: [email protected]

Remote (off-campus) access to resources requires you to enter your last name and student ID# when prompted

(located on the front of your ID card). Be sure to type in ALL 7 digits, including the starting 0. Example: 0123456.

Tutoring

Math and writing tutoring is available online. Please click here for more information. Tax tutors are also available

online. For schedules and availability, click on the link Student GGU Resources and you’ll see student tutoring links.

Disability Resources for Students GGU complies with the regulations of the Americans with Disabilities Act and seeks to ensure that all programs and services are fully accessible to our students with disabilities or learning differences who identify and express their needs. If you think you qualify for an accommodation based on a disability or learning difference, please contact the Office of Disability Resources & Academic Accommodations to initiate the process. All calls are confidential. Call 415-442-7862 or Email [email protected] If you require accommodations, be sure to make your requests at the beginning of each trimester as accommodations are not retroactive. To request accommodations go to http://www.ggu.edu/ggu-forms/disability-services-request.gsp Wellness Resources

If you are experiencing anxiety or a stressful situation and would like to talk with a counselor on a confidential basis, you should contact the division of student success. Staff will assess your needs and connect you with appropriate community resources. Email: [email protected].

http://www.ggu.edu/libraries/business-library

http://ggu.libguides.com/?b=g&d=a

http://ggu.libguides.com/az.php


http://www.ggu.edu/student-resources/student-services/services-and-resources/tutoring/

https://elearning.ggu.edu/mod/page/view.php?id=1436929


http://www.ggu.edu/ggu-forms/disability-services-request.gsp



Contacting your Instructor

The best way to contact me is by Email at [email protected]. We can also meet “in person” online via Zoom. On

request, I am always glad to meet with students at a mutually convenient time. Appointments are available on a first

scheduled, first served basis. If you have a personal matter you wish to discuss with me, send me an Email and

request a private meeting on Zoom.

For other matters, I make extensive use of the class website and check it daily. For general course administration

questions, please use the online discussion forum called The Office. For quiz and exam questions, use the online

discussion forum called Quiz Talk. Email is not always the best communication method if your questions are of

general interest to the rest of the class.

For example, it’s best to use the class website to clarify a course requirement, such as clarification of a reading

assignment. Feel free to use The Office. If you have a quiz-related question, it’s more helpful for everyone to see your

question asked and answered in our Quiz Talk forum. Therefore, unless you want me to consider matters that are

specific to your own situation, it’s best to use our online forums if you have a question that others would likely ask

and deem important to receive an appropriate answer.

Classroom Guidelines, Student Responsibilities & Evaluations

Reservation of Rights

This syllabus attempts to clearly set forth how the class will be structured. However, circumstances often change. I

reserve the right to modify the syllabus when, in my sole discretion, I determine that the change will better achieve

our stated learning objectives. These changes may impact dates, the ordering or weighting of substantive topics, the

nature of exams, and grading policies.

Student Responsibilities

Students have the following responsibilities in this, and any other course taught at Golden Gate University:

1) Read the course syllabus and course information carefully.

2) Read all assigned lectures and other required learning materials online carefully and before each class.

3) Participate in discussions and engage in required learning activities.

4) Actively engage the material and ask questions of the instructor when confused about any aspect of the

course.



5) Complete activities (discussions, quizzes, midterm exam, case studies, applied learning assignments and

final exam) in a timely manner following the instructions for each activity.

6) Treat other students and the instructor with civility and respect.

7) Abide by the Student Code of Conduct.

And, it goes without saying, but I will say it anyway. It is my job to treat you and others with civility and respect. I

respect all differences in views, race, gender, sexual preference, religious and political, and social or economic

beliefs, between peoples. Although our classroom is devoted to the study of tax laws, I respect your thoughts and

rights. Hopefully, you won’t ever feel disrespected or marginalized at GGU. These really are important matters to all

of us! Having said that, I hope you don’t mind some of my ill-fated attempts at humor.

Credits/Units Earned and Time Expected for this Course

A unit of credit equates to three hours of student work per week for 15 weeks. For a 3-credit 15 week class, this

equates to approximately 9 hours of student work per week. Students will complete readings, activities, and

exercises all contained within the weekly structure. Students should participate in discussions when applicable by

contributing experiences and ideas as well as challenges and solutions, as appropriate. Good participation includes a

willingness to contribute ideas as well as to ask for clarification, show support for opinions and demonstrate respect

for everyone in the class. Good participation also requires that students be fully engaged and submit quality work by

the specified deadline. We will try to work on these matters together now that we are all adjusting to a relatively new

way of engaging one another using the Zoom platform.

Attendance and Active and Informed Participation

It is expected that students “attend” class on Zoom, have read and prepared the required materials before class and

participate in a meaningful, informed and engaged manner in the Zoom classroom. The course requires regular

attendance and Active and Informed Participation in class discussions and group problem-solving that demonstrates a

student’s appropriate class preparation. More information regarding your Active and Informed Participation is

provided below under the heading Grading Policy. Failure to attend the initial week or two of the course can result in

the student’s removal from the course, as either an administrative withdrawal or as an incomplete course attempt,

depending on the circumstances surrounding the absences.

Course Evaluations

You will receive an opportunity to evaluate the course and instructor at least once this term. The course evaluations

are important. They are anonymous and help us to improve the quality of teaching and learning at Golden Gate

University. And I pay attention to them. So, please take a few minutes to complete the course evaluations when they


become available. Your input is valuable to us. Your instructor will receive a summarized, redacted version of the

evaluation results, but not until after grades are submitted.

Policy on Academic Integrity

GGU's Policy on Student Academic Integrity is in effect at all GGU teaching locations, including regional classroom

sites, corporate sites, and distance courses delivered in any medium. This policy applies to all students taking classes

offered by the Ageno School of Business, Braden School of Taxation, and the School of Accounting.

Academic integrity means doing academic work in a manner that strives to achieve the learning objectives your

instructors and their courses have set out for you. It means that you follow the rules and procedures prescribed by

your instructors so that you acquire the skills and knowledge your courses are designed to give you. It means that

you engage in ethical practices in taking tests and doing assignments, and that you respect intellectual property

rights by fully disclosing sources of information that appear in your papers and presentations. Read the entire

Academic Integrity policy here.

Course Requirements Course Meetings and Co-requisites:

This course runs from September 8 – December 15, 2020 and meets Tuesday evenings from 6:00 – 8:40 pm Pacific

Time. It is expected that you will read the assigned materials and complete the assignments before class to come

prepared to discuss your efforts and experiences. It is also assumed that you have already achieved (or are in process

of achieving) a fundamental understanding of the materials covered in co-requisite courses, including TA 318 -

Advanced Federal Income Taxation and TA 329 -Tax Research and Decision Making. Your commitment to achieving the

learning outcomes in these two courses is essential to your successful completion of this class.

Please note that LLM (Tax) students must meet similar corequisites: LLM 318 - Advanced Federal Income Taxation

and LLM 317A – Tax Research. (JD students seeking to enroll must obtain the approval of the program director.)

I understand how difficult this can be when you are taking one or both of these courses at the same time as this

course, and you have an awful lot of information to absorb in a short period of time. Frankly, this course is probably

the most difficult course of your first three courses. TA 329 and LLM 317A will provide you a great deal of insight

regarding the nature of our tax laws, and so-called primary authority. You will learn to research tax and communicate

your well-reasoned views based on your research. That is a critical skill for you to gain. TA 318 or LLM 318 will equip

you with the basic nuts and bolts involving the nature of income and the determination of items subject to tax and

expenses that may be included in gross income or deducted to reduce taxable income. There are a lot of items to

consider in TA 318. But, in TA 330 and LLM 330, we build off both courses, and consider some areas of tax law that

many students often find more challenging. So, it is important that you try your best to keep up with the materials in

an “active” fashion. You need to “own” them, take responsibility for your learning, not just passively wait for the

http://www.ggu.edu/academic-integrity-policy


instructor to tell you about them. But it is my job to help you get through the class in a focused and efficient way, so

that you emerge confident and clear about the information and skills you have acquired. It is not my job to make the

course more difficult than necessary. We are helping you to be a Masters in Tax, and that is a big deal. But always

remember, this course is about your learning, your accomplishments, and your growth.

Web-Access Required Online Work

The course requires that you have access to Zoom, and our University course website in order to obtain your weekly

Module Assignments, read each Module’s Perspectives lecture, TA 330/LLM 330 course materials, take weekly

Required Quizzes, and take the Midterm and Final Exam. You will also find the Case Studies and Discussion Questions

online. See Grading Policy below for a specific discussion of each grade component. Further, if, for whatever reason a

class session is unexpectedly cancelled, other work may be required online and/or conducted at a different time via

Zoom.

Optional Online Resources:

Other than the foregoing, the use of the website is optional. However, even where not required you should consider

using our website for several reasons. First, I check it frequently and am available to answer your questions via our

site within a reasonably short period of time. Second, the website offers substantial learning resources including

suggested answers to many of the Case Studies and Discussion Questions, and written, audio and video lectures,

films, slides, tax forms and publications. There are over 600 Optional Quiz questions for your use as a learning guide!

And many of the questions have detailed answers and analyses that are available after you complete a quiz. Once

you have enrolled in the course, you will have pre-scheduled access to these materials that, taken together, provide a

content-rich environment to aid in your learning.

The Course is Challenging:

As noted above, the course is challenging! It is one of the more difficult required courses in the Braden School of Tax.

You must spend a lot of time per week preparing for class, taking Required Quizzes, and preparing answers to Case

Studies for in-class discussion. Please read the rest of this Course Syllabus carefully to be sure you fully understand

key course requirements. Most importantly, you should be committed to set aside enough quality time this semester

to tackle the materials. An important course requirement is that you complete all work by the appropriate due date.


Grading Policy

Grading Paradigm:

Grades are based on the following percentages:

1: Midterm Exam: 25%

2: Final Exam: 40%

3: Required Quizzes: 30%

4: Participation: 5%

The Final Exam, Midterm Exam, Required Quizzes and Active and Informed Participation:

1. Required Quizzes: There are 14 Required Quizzes on the website that correspond to the 14 learning modules

starting with Module 1 through Module 14. Each Required Quiz is a multiple-choice, true-false timed quiz that

may be taken once by a designated deadline, midnight (San Francisco time) on a scheduled Sunday night

pursuant to the Course Schedule set out below. After you submit your Required Quiz, a score will be revealed. On

the day after the Sunday night due date, the quiz answers will be revealed. The Required Quizzes are not

proctored.

2. Midterm Exam: The Midterm Exam is a 2.5 hour, online, open book exam. It is not proctored. This exam covers

Modules 1 – 7 learning materials. It consists of multiple-choice questions and/or short answer essay-style

questions that involve problem-solving and analysis.

3. Final Exam: The Final Exam is a 2.5 hour, online, open book exam. The exam is a noncumulative test that

technically covers materials considered in Module 8 - 14. Notwithstanding, by virtue of the cumulative nature of

topics, some of the topics build on the previous topics covered in Modules 1 - 7, so it is not possible to

completely sever the ties between for topics covered in, for example, Module 4 and 14. Notwithstanding, the

primary focus of the Final Exam is on the materials covered in Modules 8 – 14. I will provide further clarification

of Final Exam coverage as the semester draws towards a close. The Final Exam consists of multiple-choice

questions, problem-solving questions and short answer essay-style questions. It is not proctored.

4. Active and Informed Participation: As noted above, you must be fully prepared prior to the class discussion.

Satisfaction of the participation requirement includes that you arrive to our Zoom class meeting on time, be

fully prepared to discuss Assignments, including any Case Studies scheduled for class discussion. Your

participation requires your attendance. No more than two unexcused absences from class are permitted. Your

participation grade is adjudged based on an overall assessment of your attendance, preparation, participation

and contribution to class discussions. The course requires attendance and active participation in class

discussions and may include group problem-solving that demonstrates a student’s commitment to regularly

appear and prove appropriate class preparation.


At the heart of this course is a basic participation component. The reality is that participation is the most

important aspect of the course, even though most of your grade is determined based on quizzes and exams.

While your participation represents only 5% of your overall grade, it can prove to have a meaningful impact on

your course performance and, more importantly, your understanding and success as a tax expert. Participation

grading can be subjective, and it’s my job to try to limit subjectivity as much as possible. In this regard, it’s

important that all of us are clear on the objective factors that go into determining your participation grade.

Notwithstanding, despite a commitment to objectivity there will always be some undefined portion of your

participation grade that will be based on my views of the quality of your work, your commitment to group

engagement, and the overall value that you bring to our classroom experience. Understandably, a professor’s

most challenging grading commitment relates to awarding a fair and equitable grade to students for

participation.

Push/Pull Points: A student’s overall grade may be reduced by 50 course points for (a) missing more than two

classes without excuse granted, (b) a regular showing of a lack of class preparation evidenced by a student’s

frequent failure to adequately respond to questions, or (c) an unwillingness to participate in class discussions in

good faith. A student’s overall grade may be increased by up to 25 course points for attending all classes,

frequently showing quality class preparation, and a willingness to participate in class discussions in good faith.

No notice need be given prior to awarding a grade reduction or increase for any of these aforementioned

reasons.

Your Final Grade:

Your final course grade is based upon your cumulative raw points determined by adding all of your points on

(1) Required Quizzes (up to 300 course points), (2) the Midterm Exam (up to 250 course points), (3) the Final Exam (up

to 400 course points) and (4) Participation (up to 50 course points adjusted for any “push or pull” points). Raw scores

are used to determine your final course grade. Accordingly, you should ignore any scores based on your percentage

of correct answers that may appear in your gradebook located on the course website. Total course points are 1,000

points. All assignments will be given a corresponding numerical point value.

Final grades will be assigned according to the table presented below. Any grade less than C- will not satisfy the

minimum grade requirement for any graduate-level academic program requirements (including foundation

requirements).

. Based on your total raw Course Points, grades will be awarded as follows:

A+: 975-1,000 B+: 850-899 C+: 700-749 D+: 550 - 599

A: 930-974 B: 800-849 C: 650-699 D: 530 - 549

A- : 900-929 B-:750-799 C-: 600- 649 F: <530


Grading Rubric

A Grading Rubric is available online that describes in greater detail the standards applicable to grades assigned for

examination essay-style answers and participation. Please review the Grading Rubric located online (immediately

below the Course Syllabus and Course Schedule in the Course Home). The discussion in the Grading Rubric regarding

participation grade awards is intended to make crystal clear what I require, and how and when your participation is

graded. The Grading Rubric is incorporated and made a part of this syllabus by this reference.

Course Outline

Discussions are geared to our assigned module readings. The required weekly work includes reading assigned Code

provisions, Treasury Regulations, cases, and rulings. Assigned Course Work includes taking the Required Quizzes and

preparing for class consideration of Discussion Questions and Case Studies. Assignments for each learning module are

provided online. There is no formal textbook; provided, however, each module includes a Perspectives lecture or

outline presented by Professor Karlin. There is also a companion set of course materials. These companion materials

may sometimes be referred to as the TA 330/LLM 330 Course Pack—authored by Professor James Henderson. They are

comprised of written summaries of topics and almost all of the assigned cases and rulings. The cases and ruling are

often provided in a helpful abridged format in the Course Pack. Collectively, the readings, assignments, quizzes, etc.

(collectively, the Course Materials) are located online. If you are pressed for time you should review the assigned

primary authority first, then the Karlin Perspectives lectures and outlines prior to using other secondary sources

(such as the Course Pack) to closely align your learning to the scope of Professor Karlin’s materials.

Zoom Classes

Our class is taught using the Zoom video platform. There is important information that you need to know in order to

access the class and use Zoom. See Zoom Resources at the following link:

https://newsroom.ggu.edu/coronavirus/students/

You will be sent a Zoom link or links from me at the beginning of the course.

• Zoom link

• Date and time

• Call-in number (optional)

https://newsroom.ggu.edu/coronavirus/students/


Zoom is a web conferencing platform that allows you to see, hear, and communicate with other classmates and the

instructor. It has screen sharing and other capabilities that, if employed, allow you to collaborate in much the same

way as an in-person classroom. If for some reason you do not have access to a computer to attend the class virtually,

you may use a conference call-in number provided to you in an invitation email I send to you. The links you are

provided in an initial email will be the links used for every class session. You will also be provided with a password to

enter our Zoom session. Note that if you have other course meetings on Zoom, the meeting URL provided to you will

be different than the link for this class. Also, please visit the following web pages to learn more about Zoom

Resources and stay apprised of the coronavirus situation:

• Find updated information and answers to FAQs on Zoom and coronavirus at GGU:

http://newsroom.ggu.edu/coronavirus/main/

The use of Zoom provides the class with a straightforward means of communicating from class to class. I will offer

some lectures, but although each class may vary, it is likely that we will use Zoom to engage in discussions and

presentations of online Case Study materials. Occasionally, breakout rooms may be established for the purpose of

small group problem-solving. There are a couple of important rules that will apply to our use of the Zoom platform

and our conduct using it.

Privacy and Recording. In order to respect student privacy, I will not record Zoom sessions. And, because of the

potential for invasion of privacy, and in my view, best pedagogic practices, students may not make audio or video

recordings of Zoom sessions. Violations of this rule will be viewed as academic violations by me. Note that other

professors or the university may take a different view regarding class recordings, but this class will not be recorded.

Notwithstanding, an exception may apply where a student has a documented disability requiring some form of

recording as an accommodation.

Zoom online etiquette. Our online behavior should be no different than one would expect if we met in person. We

must treat one another with respect. Please note that your camera must be on so I can take attendance and see your

face when we interact. If you do not want the background of your room to be seen, Zoom has a feature called Virtual

Background that allows you to identify any photo you want and make it your background. This avoids showing a

messy room or anything else that you don’t want to show (like kids running around in the background, or your

roommate making fun of you or me). You should identify yourself in your Zoom frame by putting your full name into

the identification text of your Zoom name. If you don’t show your actual name, I can’t take your attendance. When

you aren’t speaking you should always mute your microphone. And, when you want to speak or are called upon,

unmute your microphone and I’d love to hear your voice. When we take a break, you can stop your video if you want

until the class resumes.

EMail Transmissions. Check your GGU email: Communications sent by me to you will be based on the eLearning

platform (announcements, email and notifications). This platform uses your GGU issued email address and not your

http://newsroom.ggu.edu/coronavirus/main/


personal email address. Your GGU issued email address is your name (the initial letter of your first name, your last

name, followed by @my.ggu.edu). Contact [email protected] with any questions.

Instructor Biography

Jeffrey H. Karlin, Esq. is a Professor in the Braden School of Tax. He is a Martindale-Hubbell AV-1 (Preeminent) rated

transactional business lawyer. Mr. Karlin's practice has primarily focused on negotiating, drafting and structuring

complex business transactions. He has significant experience in matters concerning federal income taxation,

securities' laws, corporate and partnership laws, investments, restructurings, and mergers and acquisitions.

Professor Karlin earned a Juris Doctorate at Hastings College of the Law and a Master of Law in Taxation (LLM Tax) at

Golden Gate University School of Law. He is a member of the California Bar, and a licensed California CPA (inactive).

Mr. Karlin has also actively practiced law as a partner in two law firms, and earlier in his career, as an executive

corporate officer charged with the responsibility for many of publicly traded companies. Professor Karlin has taught

over 250 classes at the University on various subjects during the past 39 years. In 1986, he was selected the

"Outstanding Adjunct Faculty of the Year" in the School of Taxation. He is co-author of Tax Exempt Investments in

U.S. Realty.

(The Course Schedule appears on the next page.)


The Course Schedule

Fall 2020*

Learning Module Class Discussion Quiz Due Date *

Module 1: Intro. to Property Transactions 9/8/20 9/20/20

Module 2: Basis Acquired by Purchase 9/8 & 9/15/20 9/20/20

Module 3: Property Dispositions 9/22/20 9/27/20

Module 4: Amount Realized 9/29/20 10/4/20

Module 5: Adjusted Basis in non-Purchase Transactions 10/6/20 10/11/20

Module 6: Introduction to Character & Capital Assets 10/13/20 10/18/20

Module 7: Sale or Exchange of Property 10/20/20 10/25/20

Module 8: Property Holding Periods 10/20/20 10/25/20

Midterm Exam (2.5 hours, online, open book. Covers Modules 1 - 8) 10/27/20

Module 9: 1231 Trade or Business Property & Netting 11/3/20 11/8/20

Module 10: Like-Kind Exchanges 11/10 & 11/17/20 11/22/20

Module 11: Involuntary Conversions 11/17/20 11/22/20

Module 12: At-Risk Rules 11/24/20 11/29/20

Module 13: Passive Activity Limits 12/1/20 12/6/20

Module 14: Sale of a Going Business 12/8/20 12/13/20

Final Exam (2.5 hours, online, open book. Covers Modules 8 -14) 12/15/20

* Schedule changes may be announced.

Documents

Course Syllabus: TA 330/LLM 330: Property Transactions